Tag: Russian economic crisis

Putin Views Russia Itself Only as a Means to Create a New World Order, Illarionov Says

December 25, 2015

Staunton, December 25 — Vladimir Putin views Russia not as an end in itself but rather as a means to create a new world order, a view that means he is quite prepared to sacrifice the well-being of Russians in the pursuit of his vision of a new Yalta, according to Moscow commentator Andrey Illarionov. […]

Russia Update: Putin Extends His Salary Cut Though Said To Be Worth Billions; Reduces Government Pay

December 2, 2015

President Vladimir Putin has demonstratively extended his pay cut this year — but that’s after he doubled his pay last year, and with persistent reports that he’s in fact worth billions. Welcome to our column, Russia Update, where we will be closely following day-to-day developments in Russia, including the Russian government’s foreign and domestic policies. […]

Russia Update: Sources Claim Kudrin to Expect Kremlin Appointment; Peskov Does Not Confirm

December 1, 2015

Gazeta.ru has reported sources who claim former finance minister Aleksei Kudrin will be given a post in the Kremlin soon. Welcome to our column, Russia Update, where we will be closely following day-to-day developments in Russia, including the Russian government’s foreign and domestic policies. The previous issue is here. Recent Translations: –The Non-Hybrid War –Kashin […]

Russia Update: Income Falls by 4.9% This Year Due to Economic Crisis

September 29, 2015

Russians’ income has fallen 4.9% this year by contrast with last year due to the economic crisis. The fall in purchasing power has also reduced manufacturing and construction. Welcome to our column, Russia Update, where we will be closely following day-to-day developments in Russia, including the Russian government’s foreign and domestic policies. The previous issue […]

Russian Economy Approaching ‘Perfect Storm’ — Oil at $25 a Barrel, Ruble at 125/$1 and Inflation at 30%

August 14, 2015

Staunton, August 14 – Vladislav Zhukovsky, an economist known for predicting disasters in the Russian economy and for then turning out to be right, says that the situation is more dire than almost anyone imagines because oil is heading to US $25 dollars a barrel, the ruble to 125 to the US dollar, and inflation […]

Russia Update: Capital Outflow Predicted to Reach $100 Billion This Year

July 10, 2015

Capital outflow from Russia is predicted to reach $100 billion this year, less than last year. Welcome to our column, Russia Update, where we will be closely following day-to-day developments in Russia, including the Russian government’s foreign and domestic policies. The previous issue is here. Special features: – ‘I Was on Active Duty’: Interview with […]

Russia Can No Longer Afford to Be the Militarist and Expansionist Power It has Always Been, Shevtsova Says

July 9, 2015

Staunton, July 8 – After a brief attempt to escape from its past in the 1990s, Russia under Vladimir Putin is “again returning to militarism…the model of existence in which Russia had existed for centuries” in order to prepare for war. No other such civilization exists in the world now, but Russia “cannot militarize as […]

Across Russia, Political Battles between Governors and Mayors Intensify

June 7, 2015

Staunton, June 3 – On June 3, the unpopular appointed governor of Karelia orchestrated a vote by the Petrozavodsk city council against that city’s popular elected mayor, the latest development in what is an ever-intensifying struggle between governors and mayors in Russia’s regions and republics over just how “power verticals” at the regional level are […]

Economic Crisis Accelerating Russian Flight from North Caucasus

June 6, 2015

Staunton, June 6 – The economic crisis is leading to the de-industrialization of parts of the North Caucasus and that in turn is contributing to the flight of ethnic Russians from the region, a departure that is fundamentally changing the ethnic balance in many republics in that region. That trend can be clearly seen in […]

World War II Victory ‘New Civic Religion’ in Russia, Polish Commentator Says

April 12, 2015

Staunton, April 12 – Writing in Warsaw’s Gazeta Wyborcza a week ago, Wacław Radziwinowicz argued that Moscow’s victory in World War II has become “the new civic religion” in Russia, a suggestion that has provoked a strong negative reaction in that country with many Russians saying that the Polish journalist had insulted their national history. […]